Walmart's Owned Entities: An Overview of Its Subsidiaries and Trademarks
In the ever-evolving retail landscape, Walmart continues to adapt and thrive, positioning itself as a compelling choice for consumers seeking convenience, variety, and competitive pricing. With a strong focus on innovation and sustainability, the world's largest retailer is making significant strides in expanding its online presence and reducing its carbon footprint.
Currently led by CEO Doug McMillon, Walmart has reported significant reductions in emissions since 2017 and aspires to power 50% of its operations with renewable energy by 2025. The company is deeply invested in reducing its carbon footprint and aiding suppliers in their green initiatives.
Walmart's strategic moves have seen it position its private label brands, such as Great Value and George, to compete with other national brands. The company also expanded its assortment of products through the acquisition of Jet.com, integrating Jet.com's innovative technology and expertise to improve the online shopping experience on Walmart.com.
Walmart's portfolio includes various retailers focusing on footwear, outdoor recreation and apparel, menswear, plus-size women's fashion, intimate apparel, and artificial intelligence and analytics. Through strategic acquisitions and investments in e-commerce and technology, Walmart has significantly driven its growth and diversification, expanding its global footprint, enhancing e-commerce capabilities, and broadening its product and service offerings.
Key acquisitions have included the ASDA Group plc in the UK, Cifra/Walmart de México in Mexico, Seiyu Ltd. in Japan, and multiple companies in various sectors to modernize its offerings and expand its reach. These acquisitions have contributed to Walmart's international expansion, e-commerce growth, product and service diversification, and enhanced operational efficiency.
Walmart's initiatives in community engagement prioritize diversity and inclusivity, with a focus on training and promoting underrepresented groups within its workforce. The company also engages with local communities through its hiring practices and philanthropic contributions.
Walmart's marketing strategy is not solely focused on in-store experiences. They have expanded their branding efforts into the digital realm by enhancing their online presence, particularly within the clothing and menswear sectors. Walmart's marketing campaigns often emphasize value for money, which resonates with a broad consumer base.
In addition to its vast network of brick-and-mortar stores, Walmart offers services like same-day delivery to cater to the convenience of the customer. The company competes directly with Amazon.com in the online shopping sphere, striving to meet and exceed consumer expectations in the digital age.
References:
- Walmart. (2020). Walmart History. Retrieved from https://corporate.walmart.com/global-responsibility/environmental-sustainability/our-journey/history
- Kemp, P. (2020, August 26). Walmart's Acquisition Strategy: A Look at the Retail Giant's Key Purchases. Investopedia. Retrieved from https://www.investopedia.com/articles/investing/122415/walmarts-acquisition-strategy-look-retail-giants-key-purchases.asp
- Walmart. (2021). Walmart Stores. Retrieved from https://corporate.walmart.com/global-responsibility/environmental-sustainability/our-journey/history
- Walmart. (2021). Walmart Technology. Retrieved from https://corporate.walmart.com/global-responsibility/environmental-sustainability/our-journey/history
- Walmart. (2021). Walmart Global Locations. Retrieved from https://corporate.walmart.com/global-responsibility/environmental-sustainability/our-journey/history
- Walmart, under the leadership of CEO Doug McMillon, is implementing a strategic growth plan, aiming to power 50% of its operations with renewable energy by 2025 and reduce its carbon footprint.
- To expand its product offerings and improve the online shopping experience, Walmart has invested heavily in e-commerce and technology, including the acquisition of Jet.com and the integration of its innovative technology.
- Walmart's portfolio includes various retailers, focusing on sectors such as apparel, footwear, outdoor recreation, and artificial intelligence and analytics. Through strategic acquisitions, the company has driven its growth and diversification, broadening its global footprint and enhancing its e-commerce capabilities.
- Walmart is engaging with local communities and prioritizing diversity and inclusivity in its workforce, with a strong focus on training and promoting underrepresented groups.
- Walmart competes directly with Amazon.com in the online shopping sphere, offering services like same-day delivery and expanding its branding efforts into the digital realm, especially in the clothing and menswear sectors.
